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Alyeska Investment Group L.P. Has $105.10 Million Stock Holdings in Curbline Properties Corp. $CURB

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Alyeska Investment Group L.P. grew its position in shares of Curbline Properties Corp. (NYSE:CURB - Free Report) by 50.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,457,221 shares of the company's stock after buying an additional 1,155,731 shares during the period. Alyeska Investment Group L.P. owned approximately 3.01% of Curbline Properties worth $105,100,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Rockefeller Capital Management L.P. increased its position in Curbline Properties by 125.3% during the fourth quarter. Rockefeller Capital Management L.P. now owns 1,176 shares of the company's stock worth $27,000 after acquiring an additional 654 shares during the period. Parallel Advisors LLC raised its stake in Curbline Properties by 393.7% in the 3rd quarter. Parallel Advisors LLC now owns 2,039 shares of the company's stock worth $45,000 after purchasing an additional 1,626 shares in the last quarter. Federation des caisses Desjardins du Quebec boosted its holdings in Curbline Properties by 25.9% in the 4th quarter. Federation des caisses Desjardins du Quebec now owns 8,128 shares of the company's stock valued at $189,000 after purchasing an additional 1,672 shares during the period. BNP Paribas Financial Markets boosted its holdings in Curbline Properties by 28.5% in the 2nd quarter. BNP Paribas Financial Markets now owns 9,437 shares of the company's stock valued at $215,000 after purchasing an additional 2,091 shares during the period. Finally, Tower Research Capital LLC TRC grew its position in shares of Curbline Properties by 120.5% during the 2nd quarter. Tower Research Capital LLC TRC now owns 9,639 shares of the company's stock worth $220,000 after purchasing an additional 5,268 shares in the last quarter.

Insider Buying and Selling at Curbline Properties

In related news, Director Alexander Otto sold 134,868 shares of Curbline Properties stock in a transaction that occurred on Wednesday, August 26th. The shares were sold at an average price of $30.17, for a total transaction of $4,068,967.56. Following the sale, the director directly owned 6,922,526 shares of the company's stock, valued at approximately $208,852,609.42. The trade was a 1.91% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. In the last 90 days, insiders have sold 1,078,639 shares of company stock valued at $32,478,760. Company insiders own 8.70% of the company's stock.

Curbline Properties Price Performance

Shares of CURB stock opened at $30.04 on Friday. The business has a fifty day simple moving average of $30.48 and a 200 day simple moving average of $28.62. The company has a market cap of $3.46 billion, a P/E ratio of 111.26 and a beta of 0.51. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.17. Curbline Properties Corp. has a twelve month low of $21.93 and a twelve month high of $32.15.

Curbline Properties (NYSE:CURB - Get Free Report) last released its earnings results on Tuesday, July 28th. The company reported $0.31 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.04 by $0.27. The firm had revenue of $63.30 million for the quarter, compared to analysts' expectations of $57.25 million. Curbline Properties had a return on equity of 1.50% and a net margin of 13.10%.The business's revenue for the quarter was up 52.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.26 earnings per share. Curbline Properties has set its FY 2026 guidance at 1.240-1.260 EPS. On average, sell-side analysts forecast that Curbline Properties Corp. will post 1.25 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on CURB. KeyCorp lifted their price target on shares of Curbline Properties from $32.00 to $34.00 and gave the company an "overweight" rating in a research report on Wednesday, July 29th. Morgan Stanley restated an "equal weight" rating and set a $30.00 price objective on shares of Curbline Properties in a research note on Thursday, June 18th. JPMorgan Chase & Co. lifted their price objective on Curbline Properties from $30.00 to $31.00 and gave the company an "overweight" rating in a report on Monday, May 4th. Citigroup upped their target price on Curbline Properties from $33.00 to $36.00 and gave the company a "buy" rating in a research report on Monday, August 3rd. Finally, Wall Street Zen raised Curbline Properties from a "strong sell" rating to a "sell" rating in a report on Saturday, August 1st. Seven research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $31.50.

Read Our Latest Report on CURB

About Curbline Properties

(Free Report)

Curbline Properties Corp. is a real estate investment trust which is an owner and manager of convenience shopping centers positioned on the curbline of well-trafficked intersections and major vehicular corridors in suburban. Curbline Properties Corp. is based in NEW YORK.

See Also

Want to see what other hedge funds are holding CURB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Curbline Properties Corp. (NYSE:CURB - Free Report).

Institutional Ownership by Quarter for Curbline Properties (NYSE:CURB)

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